SafePal stands out as a leading noncustodial cryptocurrency wallet, offering robust support for a multitude of blockchains, notably Ethereum and Binance Smart Chain. The wallet's foundational utility token, SFP, exists both in the tangible realm of hardware and the virtual world of software.

Crafted with precision using the BEP-20 token standard, SFP ensures frictionless transactions on the Binance Smart Chain. But its utility doesn't end there. Within the vibrant SafePal ecosystem, SFP not only facilitates transactions but also bestows its holders with potent governance rights. This democratic approach ensures that the SafePal community can actively shape the platform's future trajectory.

SFP/USD Price on ReHold

With the use of Chainlink, a decentralized price oracle, ReHold determines the price of SFP, just like it does for every other cryptocurrency. This method aims to avoid problems like slippages, price manipulation, or even spikes. This ensures the pricing of SFP/USD is accurate in all instances for users.

How to Earn Passive Income on SFP

Staking your SFP is one of the most common ways to earn passively on it, but it comes with limitations like the low yield generated. However, ReHold’s Dual investments offer a uniquely designed approach to earn high passive income without active trading. Through this method, users can earn up to 150% APR on SFP pairs such as SFP/USDT and SFP/USDC.

SFP Price Prediction

According to market analysts, the market sentiment has been unstable, and it has been predicted that the cryptocurrency market may experience certain vulnerabilities or drawbacks. Yet, amidst all these controversies, SFP is among the few cryptocurrencies showing positive growth. With SafePal expanding its user base from 3 million to several million more, the demand for SFP will increase, and the price will push upward.

SFP Value

The potential high value of SFP will be influenced by factors such as the demand and supply dynamics of the token, its adoption and utility within the SafePal ecosystem, and the broader trends in the cryptocurrency market.

150% APR on SFP Dual

ReHold offers users the opportunity to earn up to 150% annual interest through SFP duals. By staking SFP tokens, users not only receive rewards but also participate in the network's security and decision-making.

How to Earn 150% APR on SFP

Suppose you're interested in earning passive income on SFP. In that case, ReHold offers a unique earning solution where you can earn 150% APR on pairs such as SFP/USDT and SFP/USDC by using the innovative ReHold protocol at Dual Investments. Follow these six easy steps to get started:

Connect Your Wallet Open the ReHold App and connect your Web3 wallet. Choose a Web3 wallet compatible with one or more of these networks: BNB Chain, Polygon, Avalanche, Optimism, and Arbitrum.
Choose the SFP Dual asset Select the dual you need: SFP/USDC or SFP/USDT. You can start a dual investment with each token of the pair.
Choose a staking period Select how many hours you want to lock your tokens. The longer the staking period, the higher the yield you will receive.
Choose the start token Select the start token and the amount you want to invest. You can use either the SFP token, USDT, or USDC as part of the dual asset.
Approve the token To start a dual investment, you need to allow smart contracts to use your tokens. It's required only once for a selected token.
Start your Dual Click “Start Now” to create your SFP dual and receive your reward after the staking period. That's all! Your Dual is created, and at the end of the staking period, you can take your assets back to your wallet or open a new Dual. Also, if you are interested in long-term investing, you can activate the auto-replay feature, and your dual will automatically start when the staking period ends. This will save you gas, simplify the passive income process, and increase your earnings.